Telco

Telco

Bourse: Share turnover climbs in March

Average daily share turnover on the Budapest Stock Exchange rose more than 17% to HUF 11.1 bln in March from...

Telco

Richter board proposes HUF 33-per-share dividend

The board of drugmaker Richter Gedeon will propose payment of a HUF 33-per-share dividend on 2014 earnings to shareholders at...

Telco

BUX down in final trades

The Budapest Stock Exchangeʼs main BUX index finished down 0.18% at 19,654.63 Wednesday after plunging 1.78% Tuesday. It is up...

Telco

Official: Hungarian dairy sector ready for new EU system

The Hungarian dairy sector is prepared to operate in the new system after the European Union phased out milk quotas...

Telco

Hungary allocates HUF 5.5 bln for fight against IS

The Hungarian government will allocate HUF 5.5 bln to fund preparations for Hungaryʼs participation in the international coalition against the...

Telco

Knorr-Bremse winds up HUF 700 mln development project

Knorr-Bremse Fékrendszerek, the Hungarian unit of German braking systems manufacturer Knorr-Bremse, today wound up an electronic braking system development for...

Telco

KSH: Hungary’s 2014 general government deficit 2.6% of GDP

Hungaryʼs general government deficit calculated according to Maastricht criteria, came to HUF 829.1 bln last year, which is 2.6% of...

Telco

Decree set to simplify EKAER

In accordance with a decree drafted by Hungary’s economy ministry, large haulage companies will be able to apply for EKAER,...

Telco

BUX down on global mood

The Budapest Stock Exchangeʼs main BUX index finished down 1.78% at 19,689.16 Tuesday, further away from an almost four-year closing...

Telco

MNB: Stronger forint reduces FX lending stock in February

Lending stock of Hungarian banks fell in February from the previous month as the stronger forint reduced the value of...

Telco

BUX up on global mood

The Budapest Stock Exchangeʼs main BUX index finished up 0.41% at 20,045.92 Monday, after falling 1.12% on Friday from an...

Telco

Canning company winds up HUF 434 mln investment

Hungary-based canning company Gloster Zöldség-Gyümölcs Feldolgozó és Kereskedelmi, located in Máriapócs, in eastern Hungary, has built a new warehouse and...

Telco

CIB Group 2014 losses drop despite provisioning for refunds

CIB Group, the Hungarian unit of Italyʼs Intesa Sanpaolo banking group, had after-tax losses of HUF 104.1 bln in 2014,...

Telco

Dreher winds up warehouse investment

Hungarian beer-maker Dreher Breweries, a unit of SABMiller, inaugurated new warehouse space worth HUF 447 mln at its base in...

Telco

BUX down from a nearly four-year high

The Budapest Stock Exchangeʼs main BUX index finished down 1.12% at 19,964.68 Friday, after rising 0.42% Thursday to the highest...

Telco

4iG Unit One Macedonia Wins 5G Tender in North Macedonia

One Macedonia has won North Macedonia's 5G frequency tender, parent company 4iG Group said, according to a report by Hungarian...

Telco

Ericsson Launches 6G lab in Budapest R&D Center

Ericsson announced on Wednesday, Nov. 12, the opening of a new 6G Lab at its R&D center in Budapest. The...

Telco

Building a Culture Where Digitalization Comes Naturally

Yettel Hungary’s chief commercial officer, Nemanja Žilović, explains how the company is reshaping its culture to embrace AI responsibly, empower...

Telco

4iG Telco Companies to Wind up Merger in October

Listed ICT company 4iG will wind up the merger under company law of its telco units, DIGI, Antenna Hungaria and...

Telco

Acquisitions Impact Puts 4iG in the Red

4iG booked a first-half loss of HUF 1.1 billion as the impact of acquisitions weighed, the company said in an...

Telco

Yettel Holds Lead as Hungary’s Fastest Mobile Network

Yettel has once again been recognized as Hungary's fastest mobile network, according to Ookla Speedtest Intelligence and szelessav.net nationwide measurements,...

Telco

Telekom Campus Reaches Full Occupancy

Starting from September 2025, an insurance company will occupy approximately 1,000 sqm of office space in the Telekom Campus, developed...

Telco

Magyar Telekom Earnings Climb on Improved Margin, Tax Rollback

Q2 net income of Magyar Telekom rose 29% year-on-year to HUF 56 billion, supported by a wider margin and the...

4iG Group, SpaceX Sign European Deal for Starlink Mobile, Sovereign Solutions

4iG Group and SpaceX have signed agreements to introduce Starlink Mobile services and develop secure sovereign satellite communications solutions in...

Sziget Festival Sets New Mobile Data Traffic Record on Yettel Network

Festival-goers generated nearly 54 terabytes of mobile data traffic on Yettel’s network during this year’s Sziget Festival, setting a new...

4iG, Yettel Owner Seek Network Partnership

Units of 4iG, which owns the One telecommunications brand, and e& PPF Telecom Group, which operates the Yettel brand, have...

4iG Unit One Macedonia Wins 5G Tender in North Macedonia

One Macedonia has won North Macedonia's 5G frequency tender, parent company 4iG Group said, according to a report by Hungarian...

4iG SDT Wins Exclusive Rights to Sell Tatra Military, Special Vehicles in Hungary

4iG SDT has signed an exclusive commercial cooperation agreement with Tatra Trucks a.s., granting the Hungarian company sole representation and...

Ericsson Launches 6G lab in Budapest R&D Center

Ericsson announced on Wednesday, Nov. 12, the opening of a new 6G Lab at its R&D center in Budapest. The...

Building a Culture Where Digitalization Comes Naturally

Yettel Hungary’s chief commercial officer, Nemanja Žilović, explains how the company is reshaping its culture to embrace AI responsibly, empower...

Magyar Telekom Earnings Climb on Improved Margins, Tax Rollback

Q3 net income of Magyar Telekom rose 24% y.o.y. to HUF 55.3 bln, supported by a wider margin and the...

4iG Signs Letter of Intent to Promote Connectivity in Western Balkans

4iG said that it concluded a non-binding letter of intent with the EC and Geant in which they jointly affirmed...

4iG Telco Companies to Wind up Merger in October

Listed ICT company 4iG will wind up the merger under company law of its telco units, DIGI, Antenna Hungaria and...

Watchdog Launches Probe of Language Learning App Duolingo

Hungary's Competition Authority (GVH) on Wednesday announced the launch of a probe of Duolingo, a U.S.-based company with a language...

Acquisitions Impact Puts 4iG in the Red

4iG booked a first-half loss of HUF 1.1 billion as the impact of acquisitions weighed, the company said in an...

Yettel Holds Lead as Hungary’s Fastest Mobile Network

Yettel has once again been recognized as Hungary's fastest mobile network, according to Ookla Speedtest Intelligence and szelessav.net nationwide measurements,...

Telekom Campus Reaches Full Occupancy

Starting from September 2025, an insurance company will occupy approximately 1,000 sqm of office space in the Telekom Campus, developed...

Magyar Telekom Earnings Climb on Improved Margin, Tax Rollback

Q2 net income of Magyar Telekom rose 29% year-on-year to HUF 56 billion, supported by a wider margin and the...